August 6, 2018
Vistra Retail Earnings Lifted By Texas Open To Retail Acquisitions, But "Picky"
Vistra Energy, the parent of TXU and Dynegy among other businesses, said that its second quarter adjusted EBITDA exceeded expectations as a result of higher realized prices, lower than forecast operations and maintenance expenses, and strong ERCOT retail performance that was offset by higher power…
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August 2, 2018
Start-up Mercury Energy Marketing, LLC has applied for an Ohio retail natural gas supplier license to serve residential and commercial customers at Dominion East Ohio and Columbia Gas
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July 31, 2018
Segment Still Challenged By Capacity Market Charges, Low Unit Margins North America Home Business Sees Great Improvement In Net Churn, Earnings Flat
Centrica reported that its North America Business (C&I) segment returned to profitability in the first half of 2018, having made a loss in the second half of 2017
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July 31, 2018
Centrica, the parent of Direct Energy, reported that, in July, it acquired a portion of BP’s US retail marketing operation, which supplies around 100bcf of gas per year to customers in Indiana, Kentucky, Tennessee and Ohio.
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July 24, 2018
FirstEnergy Corp. disclosed in an 8-K several executive retirements
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July 17, 2018
Utility Also Adopted New Collateral Requirement Formula Increasing Costs To Suppliers
In testimony in a Dayton Power & Light rate case, IGS Energy submitted testimony that Dayton Power & Light recently increased its credit requirements for retail suppliers, with IGS's witness alleging that DP&L also made a "unilateral" change to the remedy period.
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July 16, 2018
Start-up retail supplier Bolt Energy LLC was recently formed, and has applied for an Ohio natural gas supplier license to serve residential and small commercial customers in all service areas.
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July 12, 2018
Company To Seek Strategic Acquisition Opportunities
Mark Berry, an industry veteran of 27 years, is joining Affordable Gas + Electric, LLC (AGE) as Vice President of Governmental Aggregation & New Business Development.
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July 10, 2018
Agreement Is Stalking Horse, Opportunity For Other Bidders
Note: This story was first published the evening of July 10 with an alert to our email subscribers
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July 2, 2018
Names Energy, Digital Vet As CEO
Blitz Ventures, Inc., the broker owned by Vistra Energy, the parent of TXU Energy and other retail brands, has adopted the brand EnergyBot for its online-based brokering service currently targeted to commercial and industrial customers, and says on a recently launched website (www.energy.bot) that…
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June 28, 2018
Freepoint Energy Solutions LLC announced that as of July 1, 2018, it will be providing electricity commodity supply to commercial and industrial ("C&I") customers in Texas.
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June 26, 2018
Seeks Other Retail Market Enhancements Expresses Concern Over "Retro-active" Audit Of POR Program And "Authorized" Receivables, Nebulous Definition Of "Non-Commodity"
In testimony on a series of Duke Energy Ohio cases before the Public Utilities Commission of Ohio, including a distribution rate case, IGS Energy and the Retail Energy Supply Association proposed a mechanism to unbundle certain default service-related costs from distribution rates, and proposed…
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June 21, 2018
The Public Utilities Commission of Ohio dismissed a "self-complaint" filed by Vectren Energy Delivery of Ohio (Vectren, VEDO, or "Company") that had asked that PUCO affirm Vectren's decision to deny the provision of an eligible customer list to an entity which, as alleged by Vectren, identified…
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June 14, 2018
The Northeast Ohio Public Energy Council (NOPEC) has been approved to administer a new United States Department of Agriculture (USDA) low-interest loan program available to commercial property owners for energy efficiency property improvements.
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June 7, 2018
ENGIE Retail, LLC d/b/a Think Energy has entered into a stipulation with the Staff of the Public Utilities Commission of Ohio under which Think Energy agrees to pay a forfeiture of $110,000 to resolve all of the issues identified by the Staff in its Notice of Probable Non-Compliance dated February…
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June 1, 2018
Teleios Commodities, LLC announced a "material" investment in Powervine Energy, a newly created retail energy company providing energy services to residential customers and small businesses in the Northeastern United States.
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May 30, 2018
Kiwi Energy announced that it is extending its services to residents in the state of Ohio.
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May 25, 2018
FirstEnergy Solutions (FES) said that none of its three nuclear plants, with combined capacity of 4,048 megawatts, received a commitment in the PJM 2021/22 Base Residual Auction
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May 25, 2018
Just Energy Solutions Inc. and ENGIE Resources LLC have submitted separate requests to participate in a supplier consolidated billing pilot at AEP Ohio.
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May 25, 2018
The Public Utilities Commission of Ohio released unredacted auction reports showing the retail suppliers which won the right to serve 100% of Percentage of Income Payment Plan (PIPP) load at the FirstEnergy Ohio EDCs, Duke Energy Ohio, and Dayton Power & Light for the 12-month period beginning June…
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May 24, 2018
Vistra Energy Corp. has reported its results from the PJM capacity auction for planning year 2021/2022.
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May 24, 2018
PJM's base residual auction for the 2021-22 delivery year saw Rest-of-RTO capacity prices nearly double versus 2020-2021, with the BGE, PSEG, and ATSI zones among those separating
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May 24, 2018
The Public Utilities Commission of Ohio released an unredacted auction report showing that AEP Energy, Inc. won the right to serve 100% of Percentage of Income Payment Plan (PIPP) load at AEP Ohio for the 12-month period beginning June 1, 2018
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May 16, 2018
Ohio Edison Company, Cleveland Electric Illuminating, and Toledo Edison (FirstEnergy Ohio utilities) said in an answer filed with the Public Utilities Commission of Ohio, addressing a complaint filed by the Retail Energy Supply Association, that the FirstEnergy Ohio utilities are permitted to offer…
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May 15, 2018
Report Says Prior Assignment Of FirstEnergy Solutions Retail Supply Sales Responsibility To FirstEnergy Service Company, "Highly Inappropriate"
A final report from the SAGE Management Consultants, LLC (SAGE) on a Compliance Audit of the FirstEnergy Operating Companies (including the Ohio regulated utilities, or Ohio Companies) with the Corporate Separation Rules of the Public Utilities Commission of Ohio (PUCO) says that a prior assignment…
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